✨Important note: USDT will be delisted from cryptocurrency exchanges in Europe before December 30, 2024, according to the Markets in Crypto-Assets Regulation (MiCA). This may increase the likelihood of the emergence of many 1:1 backed stablecoins with the euro. This is aimed at enhancing the competitiveness of the euro instead of relying on the US dollar.
✨The current focus is on the discussions about USD0 from project $USUAL . As far as I remember, the management team consists of French and European individuals. Additionally, USUAL was launched close to the delisting of USDT in Europe. It is very likely that USD0 will be an alternative to USDT in the European market.
🔥Note: The delisting of USDT is only on cryptocurrency trading platforms in Europe.